DAX does what it does best....'frustrates'.

DAX Daily Close @ 08/01/2012

Indecisive Daily Candle after breaching/ invalidating the Bearish Engulfing from July 20th is what the DAX does best....throw us off 'the scent'.
An outside down day in the new 'RISK Anything' AUD/USD portends that perhaps the Draghi "whatever it takes" statement needs "within the mandate of the ECB" qualification that was NOT widely reported...repeated out LOUD!?